France: Magnesite Market Overview 2021

Magnesite Market Size in France

The French magnesite market expanded rapidly to $X in 2020, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded significant growth. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level in 2020 and is likely to see steady growth in years to come.

Magnesite Exports

Exports from France

In 2020, shipments abroad of magnesite increased by X% to X tonnes for the first time since 2013, thus ending a six-year declining trend. Over the period under review, exports continue to indicate moderate growth. Over the period under review, exports reached the maximum at X tonnes in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, magnesite exports soared to $X in 2020. Overall, exports posted strong growth. Exports peaked at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X tonnes), the UK (X tonnes) and Germany (X tonnes) were the main destinations of magnesite exports from France, together comprising X% of total exports. These countries were followed by Belgium, Austria, Portugal, the Netherlands, Denmark, Spain, Australia, Sweden and Romania, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Germany ($X) and the UK ($X) constituted the largest markets for magnesite exported from France worldwide, with a combined X% share of total exports. Austria, Belgium, Denmark, Cote d'Ivoire, Portugal, Sweden, Australia, the Netherlands and Romania lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average magnesite export price amounted to $X per tonne, growing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($X per tonne), while the average price for exports to Cote d'Ivoire ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced more modest paces of growth.

Magnesite Imports

Imports into France

Magnesite imports into France surged to X tonnes in 2020, jumping by X% against the year before. Over the period under review, imports recorded a prominent increase. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2020 and are likely to see steady growth in years to come.

In value terms, magnesite imports skyrocketed to $X in 2020. In general, imports posted a buoyant expansion. The growth pace was the most rapid in 2019 when imports increased by X% year-to-year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, Spain (X tonnes) constituted the largest supplier of magnesite to France, accounting for a X% share of total imports. Moreover, magnesite imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), fivefold. Israel (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Spain stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Israel (+X% per year).

In value terms, the largest magnesite suppliers to France were Spain ($X), Israel ($X) and the Netherlands ($X), together accounting for X% of total imports. China and Greece lagged somewhat behind, together comprising a further X recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average magnesite import price amounted to $X per tonne, falling by -X% against the previous year. Overall, the import price recorded a slight setback. The growth pace was the most rapid in 2012 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Israel ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Greece, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for magnesite in the world?

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China (216K tonnes) constituted the country with the largest volume of magnesite consumption, comprising approx. 35% of total volume. Moreover, magnesite consumption in China exceeded the figures recorded by the second-largest consumer, India (55K tonnes), fourfold. The United Arab Emirates (37K tonnes) ranked third in terms of total consumption with a 6.1% share.

What are the largest producers of magnesite in the world?

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China (277K tonnes) constituted the country with the largest volume of magnesite production, comprising approx. 53% of total volume. Moreover, magnesite production in China exceeded the figures recorded by the second-largest producer, Turkey (62K tonnes), fourfold. The United Arab Emirates (39K tonnes) ranked third in terms of total production with a 7.5% share.

What are the leading suppliers of magnesite to France?

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In value terms, the largest magnesite suppliers to France were Spain ($1.1M), Israel ($665K) and the Netherlands ($555K), with a combined 54% share of total imports. These countries were followed by China and Greece, which together accounted for a further 9.1%.

What are the leading importers of magnesite from France?

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In value terms, the largest markets for magnesite exported from France were Spain ($103K), Germany ($95K) and the UK ($90K), together accounting for 27% of total exports. Austria, Belgium, Denmark, Cote d'Ivoire, Portugal, Sweden, Australia, the Netherlands and Romania lagged somewhat behind, together accounting for a further 24%.

What is the average export price for magnesite in France?

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The average magnesite export price stood at $439 per tonne in 2020, with an increase of 5.1% against the previous year.

What is the average import price for magnesite in France?

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The average magnesite import price stood at $200 per tonne in 2020, with a decrease of -3.6% against the previous year.